4704 Dupont Pkwy Townsend, DE 19734
- Retail space
- 1,288 SF
- 0.78 lot acres
Current Use by Public Records
- Retail space
Property Details for 4704 Dupont Pkwy
- Year built
- 1955
- Construction
- CONCRETE
- Lot size
- 0.78 lot acres
- Property size
- 1,288 SF
- Zone code
- CR
- Property type
- Retail space
- APN
- 15-010.00-084
- APU
- 1501000084
Description
This exceptional mixed-use property, situated on over three acres at 4704 Dupont Parkway in Townsend, Delaware, presents a rare commercial investment opportunity. Boasting 3,407 square feet of space, this property enjoys a prime location on busy Route 13, benefiting from a high daily traffic count of 22,041 vehicles. The main commercial building offers versatile space ideal for a variety of businesses, particularly those that thrive on high visibility and accessibility. The layout includes a spacious reception/office area, several individual offices, a full bathroom, and a convenient kitchen. A significant advantage is the inclusion of a residential unit, providing potential for owner occupancy or supplemental rental income. This adds considerable flexibility and value to the property. The expansive 3.03-acre lot offers ample room for expansion or outdoor activities related to the business. Furthermore, a brand new septic system has recently been installed, eliminating the ongoing expense of sewer bills. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for a discerning investor seeking a high-traffic location and versatile space. The combination of commercial and residential components makes this a truly unique and attractive investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $355,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $340,000
- Mixed-Use
- $380,000
- Hospitality
- $355,000
- Educational
- $400,000
- Residential Income
- $385,000
- Energy
- $385,000
- Income-Based Land
- $420,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Townsend
- County
- New Castle
- State
- Delaware
- Longitude
- -75.6459
- Latitude
- 39.3601
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA